Healthcare

McKinsey & Company might know about Leadership. It’s their business to research! The CEO Moment is their new report about how CEO Leadership is changing right now. We’ve linked to it in the blog. The key takeaway: Intentionality What, exactly, does this have to do with your health care spend Exactly the same thing: Intentionality […]

Trust in insurance is a big deal. We have a complex medical system. People equate big insurance company ID cards with trust. But is that accurate? Does a big insurance company make sure your employees have access to high quality care? Do they ensure that you are paying only for the care your employees consume?

The only way to lower the cost of healthcare is to LOWER the cost of healthcare. RBP and PPO Discounts are two ways to address the issue. Two completely opposite ways to address that issue. As with most things, your perspective matters. There are good reasons for each –and sometimes they work in tandem. Has

When we have to manage a large expense at my firm, we map out our needs and wants and then figure out how to make our budget work. I imagine you go through a similar process at your business. Do you do that for your healthcare budget? Do you perform the same oversite to your

The Chinese character for crisis contains two symbols –danger and opportunity. I think this is an accurate depiction of 2020!! And, yes, of the danger and opportunity in your health plan also. Conservative folks, and underwriters are absolutely conservative folks, have a hard time managing (pricing for) risk, in an uncertain market. This is the

Last week we talked about how insurance drives the cost of care. This week, I am going to talk about control. I imagine you have a high degree of control in how you run your business. Would you be interested to know that you can use the same principles to guide your health plan… and

If you are like most people –employers, employees, patients –you probably think that healthcare is expensive. Sometimes… but usually it is just expensive when the insurance “apparatus” gets in the middle. Would you prefer to pay $1860.97 for a CMP … or $12 Would you prefer to pay $9900 for a colonoscopy or $1852? Learn

An insurance carrier is being sued again for “cross-plan offsetting.” I imagine that is a new term for most of you… It is a cost-containment tool that penalizes employers. And, we are not going to pick on any one insurance company… I suspect every insurance company does this. So… what is it, why is it

Never insure anything you can afford to replace is good insurance advice… yet we do exactly the opposite with our healthcare budget. This might be a brand new take on health care payment strategies in a way that will bring you faster, better results. See the thing is, when most people when they talk about health care

Armies march on their bellies said Napoleon Bonaparte… and Health Plans run on their Summary Plan Description (plan document). When you think about it like that, can you see how your plan document makes it simple to bend your health care plan to your goals and budget? When most people talk about plan documents, they shrivel